The historical rank and industry rank for Bizotic Commercial's Days Inventory or its related term are showing as below:
BOM:543926'
s Days Inventory Range Over the Past 10 Years
Min: 74.71 Med: 101.65 Max: 150.84
Current: 116.32
During the past 6 years, Bizotic Commercial's highest Days Inventory was 150.84. The lowest was 74.71. And the median was 101.65.
BOM:543926's Days Inventory is ranked worse than 87.2% of 1000
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.415
vs BOM:543926: 116.32
Bizotic Commercial's Days Inventory
increased
from Mar. 2023 (0.00) to Mar. 2024 (87.76).
It might indicate that Bizotic Commercial's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Bizotic Commercial's Inventory Turnover for the
six
months ended in Mar. 2024 was 2.08.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Bizotic Commercial's Inventory-to-Revenue for the
six
months ended in Mar. 2024 was 0.45.
Bizotic Commercial Days Inventory Historical Data
The historical data trend for Bizotic Commercial's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Bizotic Commercial's Days Inventory
For the Apparel Manufacturing subindustry, Bizotic Commercial's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bizotic Commercial's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bizotic Commercial's Days Inventory distribution charts can be found below:
* The bar in red indicates where Bizotic Commercial's Days Inventory falls into.
Bizotic Commercial Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Bizotic Commercial's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bizotic Commercial (BOM:543926) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Bizotic Commercial's Inventory Turnover for the
six
months ended in Mar. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Bizotic Commercial's Inventory to Revenue for the
six
months ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Bizotic Commercial Days Inventory Related Terms
Thank you for viewing the detailed overview of Bizotic Commercial's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Bizotic Commercial (BOM:543926) Business Description
Bizotic Commercial Ltd manufactures, designs, and markets readymade garments, offering a diverse range of men's Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear. It serves its customers through the channels of retail stores and e-commerce. its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection, and packing. The company outsources the entire garments manufacturing on a job work basis from third-party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric, etc. to them who, based on the specifications, procure the requisite raw materials at their costs and begin the manufacturing process.
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